Baltic Institute of Corporate Governance delegation to Ring Closing Bell at NASDAQ Stock Market

10.10.2011 VLN

The Baltic Institute of Corporate Governance high profile delegation from Lithuania, Latvia and Estonia, visiting New York on a mission to increase US-Baltic trade and investment, shows the drive and determination behind the regions lead in economic growth. The delegation of 30 business leaders participated in closing bell ceremony at NASDAQ MarketSite in New York City’s Times Square to mark the end of a successful 3 day visit to New York. In honor of the occasion Kristian Kaas Mortensen, President, rang the Closing Bell.

The purpose of the delegation was to facilitate and strengthen further US-Baltic trade and investment, as well as provide networking and best Corporate Governance practice sharing with the leading US corporations such as NASDAQ OMX, Thomson Reuters, Deloitte, Microsoft, The Federal Reserve bank and Yale University.

“Visiting NASDAQ OMX here in Times Square is the highlight of a 3 day visit by a large delegation of Baltic business leaders. We had meetings with potential investors, something we hope will lead to increased trade and investment, that can further strengthen the US-Baltic friendship. The Baltic Institute of Corporate Governance delegates have left behind a clear message that the Baltic countries are open for business with the US companies, and that the region continues its efforts to become an open, transparent and accountable investment destination”, – said Kristian Kaas Mortensen, President of BICG.

“Corporate governance is a very important issue today in the US and for NASDAQ, being a listed company, it is paramount to set the stage and to maintain the highest standards of corporate governance not only for our listed companies, but also for ourselves. Enterprises cannot succeed in the long term unless they follow and maintain these high corporate governance standards, which enhance investor and shareholder confidence. Therefore, NASDAQ OMX is proud to be one of the partners of BICG and this afternoon we salute your regional leadership in good corporate governance”, – said Robert H. McCooey, Jr, NASDAQ OMX Senior Vice President of New Listings and Capital Markets.

A webcast of the NASDAQ Closing Bell

About the Baltic Institute of Corporate Governance:

The Baltic Institute of Corporate Governance is an internationally recognized driver of best practice Corporate Governance development in the Baltic region. Since its creation only two years ago the Baltic Institute of Corporate Governance has become the leading knowledge and capacity building platform dedicated to corporate governance in the Baltic States.
The Mission of the BICG is to pursue global class transparency and competitiveness of Baltic public, private and state owned companies through the promotion of leading corporate governance practices.
More information about NASDAQ MarketSite is available here: www.nasdaq.com/reference/marketsite_about.stm